85253 — Paradise Valley, AZ Home Values
Typical home value $3,327,715 as of June 2026 · 1st of 149 in Phoenix-Mesa-Chandler, AZ
Blue: typical home value (Zillow ZHVI) in ZIP code 85253, June 2021 to June 2026. This page shows observed data only; no forecast.
How 85253 compares in the Phoenix-Mesa-Chandler, AZ area
ZIP code 85253 (Paradise Valley, AZ) has a typical home value of $3,327,715 as of June 2026, ranking 1st of 149 ZIP codes tracked in the Phoenix-Mesa-Chandler, AZ area, the most expensive ZIP code in the metro. Prices here have moved +11.4% over the trailing 12 months. Over the past five years, the typical value in this ZIP code has changed +73.3%, from $1,919,924 in June 2021 to $3,327,715 in June 2026. Against observed rent, the typical home here sells for 120.2× the annual rent ($2,307/mo), a common way to gauge whether buying looks cheap relative to renting in this ZIP code.
Every figure above is observed Zillow data. Sialim's forecasting engine works at the metro level; see the Phoenix-Mesa-Chandler, AZ forecast for a modeled outlook, or browse the full ranked list of ZIP codes in Phoenix.
Population and demographics
ZIP code 85253 has a population of 17,202, per the Census Bureau's American Community Survey 5-year estimate. By race and ethnicity: 78.9% White, 11.9% Hispanic or Latino, 3.8% Asian, 3% two or more races, 1.7% Native Hawaiian or Pacific Islander, 0.4% American Indian or Alaska Native, and 0.3% Black or African American.
Nearby public schools
| School | Address | Distance |
|---|---|---|
| Cherokee Elementary School | 8801 N 56TH ST, Paradise Valley, AZ | 1.5 mi |
| Montessori Academy | 6050 N INVERGORDON RD, Paradise Valley, AZ | 1.6 mi |
| Kiva Elementary School | 6911 E MCDONALD DR, Paradise Valley, AZ | 2.1 mi |
Distance is straight-line from the ZIP code's center; driving distance will be longer. School attendance is set by district boundaries, not proximity. Confirm which school a specific address is zoned for with the local school district. Source: National Center for Education Statistics.
Frequently asked questions
What is the typical home value in ZIP code 85253?
$3,327,715 as of June 2026, the latest month Zillow has published observed data for.
Is 85253 an expensive ZIP code in the Phoenix-Mesa-Chandler, AZ area?
85253 ranks 1st of 149 ZIP codes in the Phoenix-Mesa-Chandler, AZ area by typical home value, the most expensive ZIP code in the metro.
How much have home values in 85253 changed over the past year?
+11.4% over the trailing 12 months, from observed Zillow data.
Is it cheaper to buy or rent in ZIP code 85253?
The typical home price is 120.2× the observed annual rent in this ZIP code ($2,307/mo). Lower multiples favor buying over renting, all else equal.
What is the population of ZIP code 85253?
17,202, per the US Census Bureau's American Community Survey 5-year estimate.
What are the closest public schools to ZIP code 85253?
Cherokee Elementary School (1.5 mi), Montessori Academy (1.6 mi), Kiva Elementary School (2.1 mi), by straight-line distance from the ZIP code's center. School attendance is set by district boundaries, not proximity. Confirm assignment with the local school district.
Is this page showing a forecast for 85253?
No. Every number on this page is observed Zillow data as of June 2026, not a forecast. Sialim's forecasting engine runs at the metro level; see the Phoenix-Mesa-Chandler, AZ forecast for a modeled outlook.
ZIP-level values shown here are observed Zillow data, not forecasts. Sialim's forecasting engine works at the metro level today; ZIP-level forecasts are planned for Sialim Pro. Data © Zillow, via Zillow Research.